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China pulls in Big Tobacco to help with smaller-than-expected finance-industry capital injections - CNBC

With a bigger capital cushion, financial institutions may also be asked to do more to mobilize resources in capital markets, analysts say.

The Chairman's DailyMonday, September 7, 20262 min read
China pulls in Big Tobacco to help with smaller-than-expected finance-industry capital injections - CNBC

China's finance ministry is leading a smaller-than-expected $54 billion capital injection into state-owned banks and insurers, as Beijing seeks to foster growth with restrained stimulus.

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